v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 139,912 $ 160,806
Accounts receivable, net of allowances of $10,059 and $12,685, respectively 106,379 97,304
Inventories 186,027 169,444
Prepaid expenses and other current assets 23,849 23,322
Total current assets 456,167 450,876
Property and equipment, net 138,045 135,324
Right-of-use assets 30,601 31,225
Goodwill 74,470 75,208
Intangible assets, net 90,023 93,454
Other assets 10,172 5,121
Total assets 799,478 791,208
Current liabilities:    
Accounts payable 46,044 40,893
Accrued expenses and other current liabilities 111,567 97,019
Contract liabilities 10,466 10,439
Short-term debt 65,522 64,526
Current portion of operating lease liabilities 6,645 6,298
Total current liabilities 240,244 219,175
Long-term debt 507,889 501,412
Operating lease liabilities, less current portion 23,004 23,856
Other long-term liabilities 10,085 10,736
Commitments and contingencies (Note 8)
Redeemable preferred stock, $0.0001 par value; 20,000 shares authorized at March 31, 2026 and December 31, 2025; 3,319 shares issued and outstanding at March 31, 2026 and December 31, 2025 23,603 23,603
Stockholders' (deficit) equity:    
Common stock, $0.0001 par value; 400,000 authorized; 153,794 shares issued and outstanding at March 31, 2026; and 150,257 shares issued and outstanding at December 31, 2025 16 15
Treasury stock, 1,808 shares, at cost at March 31, 2026 and December 31, 2025 (25,097) (25,097)
Additional paid-in capital 1,484,529 1,466,377
Accumulated other comprehensive loss (6,446) (4,426)
Accumulated deficit (1,458,349) (1,424,443)
Total stockholders' (deficit) equity (5,347) 12,426
Total liabilities and stockholders' (deficit) equity $ 799,478 $ 791,208